Global Indium Phosphide Market Worth $ 1.59 Billion By 2019

Date: 2016-09-11

Indium phosphide (InP) is a binary semiconductor composed of indium and phosphorus. It has a face-centered cubic crystal structure, identical to that of GaAs and most of the III-V semiconductors. Indium phosphide includes N type InP and P type InP on the base of classification, which represent 35% and 20% of global indium phosphide market.

Optical fiber communication and Aerospace are the main application of indium phosphide product and Asia is the largest Indium phosphide market on production and consumption.

Global indium phosphide market is projected to reach $ 1.59 Billion by 2019, with a GAGR of 5.4% from 2015, and Asia will have a big dynamic momentum on the market growth. The major players in the global indium phosphide market are Sumitomo Electric, SDK, Axt, InPACT, Wafertech etc.


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Joanna | Executive – International Business and partner Relations
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